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KFC Corp.

2014 Franchise 500
#14
At a Glance

Products & Services: Chicken

Number of Locations: 18,198

Total Investment: $1.3M - $2.5M

Founded: 1930

Began Franchising: 1952

About KFC Corp.

In 1930, Harland Sanders opened Sanders Court & Cafe in the front room of a gas station in Corbin, Kentucky. He was named an honorary Kentucky Colonel in 1936 for his contributions to local cuisine. Colonel Sanders began franchising in 1952 and awarded the first franchise to Pete Harman in Salt Lake City, Utah. Their handshake agreement stipulated that the corporation would receive a royalty of one nickel for each chicken Harman sold.

His recipe is still a secret, but billions of Colonel Sanders' chicken dinners are served annually in more than 80 countries. KFC is now part of Yum! Brands, which also includes A&W Restaurants, Long John Silver's, Pizza Hut and Taco Bell.

Franchise Units

Year U.S. Canadian International Company Owned
2013 4,381 0 9,158 4,659
2012 4,321 0 8,710 4,370
2011 4,275 0 8,353 4,225
2010 4,307 0 7,676 4,281
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,262,800 - $2,543,000
Franchise Fee: $45,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,500,000
Liquid Cash Available: $750,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #14 (2014), #15 (2013), #17 (2012), #16 (2011), #24 (2010),
Fastest-Growing: #43 (2014), #51 (2013),
America's Top Global: #6 (2013), #16 (2012), #14 (2011), #19 (2010),

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